1975 4Th St Orlando, FL 32824
This exceptional 8.88-acre parcel in Orlando, Florida, presents a remarkable development opportunity. Located at 1975 4th St, in Orange County (zip code 32824), this fee-simple property boasts an A2 zoning designation and is pre-approved for a community of up to 50 homes. The land is ideally situated just eight minutes from Orlando International Airport, providing convenient access to major transportation arteries. Its strategic location also places it within easy reach of numerous shopping centers and popular Orlando attractions. The asking price is $2,000,000, translating to a land value of $225,225 per square foot. The property's agricultural and residential subtypes offer versatility for developers. With its pre-approval for a residential community, this site is poised for immediate development, making it an attractive investment for those seeking to capitalize on Orlando's thriving real estate market. The APN is 06-24-30-7268-00-040. This is a rare opportunity to acquire a large, well-located parcel with significant development potential in a high-demand area. The property is currently for sale by owner.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.